Hub International Acquires Assets of New Mexico-Based ‘N Compass Group

Acquisition broadens Hub’s employee benefits footprint in the state

CHICAGO--(BUSINESS WIRE)-- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Las Cruces, New Mexico–based N. Compass Group, Inc. (‘N Compass). ‘N Compass provides employee benefits insurance and consulting services to the Las Cruces and El Paso areas of Southern New Mexico as well as West Texas, and will further broaden Hub’s employee benefits footprint in each state. The firm will become part of Hub International New Mexico (Hub New Mexico), which is based in Albuquerque.

‘N Compass has provided strategic benefits solutions to companies and municipalities in Las Cruces, El Paso and West Texas since it was founded in 2000 -- offering cost-effective benefits solutions that enable organizations to maintain compliance.

“’N Compass has a proven track record in employee benefits and further expands Hub’s footprint, while at the same time bringing Hub’s expertise in property and casualty to the Southern New Mexico region,” noted Randy Perkins, President, Hub New Mexico. “Our dedicated resources for ACA compliance will compliment ‘N Compass’s already robust benefits offerings.”

‘N Compass, led by Gilda Dorbandt, will relocate to Hub’s existing Las Cruces offices. Dorbandt will join as Senior Vice President, Employee Benefits. She and her staff will report to Perkins.

About Hub’s M&A Activities

Hub International is committed to growth through organic efforts and acquisitions. It continues its aggressive pace of identifying and acquiring entrepreneurial brokers that are dedicated and focused on providing local market specialization, while at the same time looking to leverage the resources and tools of a global brokerage. For more information about Hub’s M&A activities visit www.WeAreHub.com.

About Hub International

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in North America. For more information visit www.hubinternational.com.

HUB International Limited

Media: Marni Gordon
312-279-4601

[email protected]

or

M&A: Clark Wormer
312-279-4848

[email protected]

Source: Hub International